The European Central Bank (ECB), acting as the single supervisor in the euro area banking union, called on banking groups to increase their high-quality capital (CET1) on Tuesday 28 January when it presented the results of the SREP process for prudential supervision and assessment for 2019.
For the first time, the ECB sets out its capital requirements under the second pillar of European prudential rules. The range is between 0.75% for the Caisse de refinancement de l'habitat, held by the...